alan_coaks_3 Posted July 1, 2012 Report Share Posted July 1, 2012 7 - 1 - 2012 The Iraqi Central Bank to raise the draft law regulates the work of Islamic banks to the State Council. Deputy Bank Governor Mohammad Saleh appearance of correspondent/JD/he was raised to the draft law on the Organization of the work of the Islamic banks in Iraq to the State Council for approval. Saleh said the amount of activity of Islamic banks in Iraq constitute 40% of all banking, necessitating a legit cover for its existence and activity, noting that the Islamic banking sector is the main reason for the low level of banking activity in the country because of Iraqi society avoids dealing with RIBA-based banks generally.(A) the work of the banks mentioned was the only passes through without a law governing their existence and facilitate procedures for registration and its dealings with the Iraqi Government, necessitating the creation of a legally protected and embarking their existence. Saleh said that "the draft law will be transmitted after ratification to Parliament for a vote and then to the Council of Ministers for the purpose of implementation and adoption of the resolution. "Iraq coming era of economic prosperity after the easing of political crisis and return traffic with access to capital, investment banks, investors and owners. My link 2 Link to comment Share on other sites More sharing options...
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